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July 14, 2016

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Today's Rundown

  1. Kite, analysts unfazed by Juno trial issues, say low dose fludarabine safe

  2. Novartis gains FDA panel thumbs up for Amgen Enbrel copy

  3. Merck to ax R&D staff while also boosting research site investment

  4. Flagship snaps up Merck CMO

  5. Amgen partners with Daiichi on biosimilars after positive FDA panel

  6. EuroBiotech: Boehringer strikes deal to develop protein degrading cancer drugs

Featured Story

Kite, analysts unfazed by Juno trial issues, say low-dose fludarabine safe

Kite Pharma has said it has no concerns with its recently enrolled experimental CAR-T trial that is using a chemo drug now dropped by rival Juno after it associated a high-dose form of the treatment with four deaths.


Top Stories

Novartis gains FDA panel thumbs up for Amgen Enbrel copy

Thursday, July 14, 2016

Another day, another unanimous FDA panel vote, this time recommending Novartis’ Enbrel (etanercept) biosimilar be approved across all of its U.S. licenses.

Merck to ax R&D staff while also boosting research site investment

Wednesday, July 13, 2016

Merck will be giving with one hand and taking away with the other as it confirms cuts across its discovery and early-stage R&D businesses, but said it will also be boosting investment in two research sites.

Flagship snaps up Merck CMO

Wednesday, July 13, 2016

Flagship Ventures has created a new spot for former Merck EVP and CMO Dr. Michael Rosenblatt, benefiting from the R&D reorg at the pharma. He is joining the venture firm as CMO.

Amgen partners with Daiichi on biosimilars after positive FDA panel

Thursday, July 14, 2016

An FDA panel gave Amgen a thumbs up earlier this week for its biosimilar version of AbbVie’s Humira (adalimumab), which is the world’s biggest drug blockbuster. Now, the biopharma has struck a marketing partnership for adalimumab--and 8 other biosimilars--with Daiichi Sankyo in Japan.

Boehringer strikes deal to develop protein-degrading cancer drugs

Thursday, July 14, 2016

Boehringer Ingelheim has teamed up with the University of Dundee to develop proteolysis targeting chimeric molecules (PROTACs), a new class of drugs designed to degrade proteins. The idea is to leverage the cell’s own disposal system to eliminate proteins involved in the development of diseases including cancer.

News of Note

Polaris Partners is aiming for $400 million with its latest fund. SEC filing

The NIH has awarded $30 million in grants to support an HIV cure. Announcement

Sam Waksal’s Kadmon has set terms to raise $100 million in an IPO. More

GI biotech AzurRX Biopharma has filed with the SEC to raise up to $15 million in an initial public offering. Story

Maryland’s VLP Therapeutics has won a $2.4 million U.S. Army medical research grant. Release

Resources

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[Whitepaper] Complimentary IDMP Report from Gartner

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Gartner research on short- and long-term strategies for IDMP compliance.

Events

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